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Intel Capital Invests in iBiquity Digital Corp. Of Columbia

Posted on: Tuesday, 22 November 2005, 21:00 CST

By Daily Record Staff and Wire Reports

iBiquity Digital Corp., of Columbia, the sole developer of digital AM and FM broadcast technology, said Intel Capital, the strategic investment program of California-based Intel Corp., the world's largest semiconductor maker, invested in the company

. Financial terms were not disclosed, but an iBiquity official said the companies will work together to accelerate the commercialization of HD Radio, particularly in the area of portable HD Radio devices.

Source: The Daily Record (Baltimore)

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